Difference between ITR -4 and ITR-4S
Several professional & business owners are unsure about whether they should file ITR 4 or ITR-4S...
With simplified forms, Income Tax department eases return pain
The income tax department has provided a huge relief to individuals and HUFs by simplifying the retu...
What is Interest under section 234D?
Do you see interest charged under section 234D where your income has been assessed by the IT Departm...
5 things you must know about the most common allowance
#1: The HRA allowance you receive from your employer is not fully tax-deductible. It may be fully or...
Effect of non-furnishing of PAN on rate of tax – Section 206AA
Effect of non-furnishing of PAN on rate of tax – Section 206AA as inserted with effect from 1-...
Condonation of delay in filing refund claim and claim of carry forward of losses Circular 09/2015
GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES Circular...
Are you Making these 5 Mistakes in your Income Taxes?
‘No need to file a Return if TDS has been deducted’ Employers who pay you salary and banks who p...
Form 15CA / Form 15CB required in case of Import Payments
Section 195 (6) has been amended in the Finance Act 2015 and states that Form 15CA / CB needs t...
What is HUF?
We have heard and used the term HUF in income tax; today let’s understand what exactly the HUF is....
Haven't received your I-T refund?
With the introduction and streamlining of electronic clearing services (ECS) by the income tax depar...